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Agent's details

Unit 6 Metro Centre, RG41

For sale: £450,000.00|3,006 Sq Ft|Other, Office, Warehouse, Other Property Types & Opportunities, Offices, Industrial

Property details

FOR SALE£450,000.00
SIZE3,006 Sq Ft
ADDRESSUnit 6 Metro Centre, Toutley Road, Wokingham, RG41 1QW
TYPEOther, Office, Warehouse, Other Property Types & Opportunities, Offices, Industrial
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON7th February 2024

Description

Key Points

  • Freehold investment opportunity
  • Hybrid office / warehouse
  • Popular commercial estate
  • Let to Bio-Technology Associates Limited producing £30,060 per annum exclusive
  • Summary

    Freehold tenanted investment opportunity available to purchase in Wokingham

    Description

    The property comprises a detached two-storey unit comprising open plan offices at first floor and a combination of meeting rooms and storage space on the ground floor.

    The unit could also be reconfigured to include full storage / warehouse accommodation at ground floor level.

    Location

    The property is conveniently located between Wokingham and Reading. The property is within two minutes drive of the main Reading Road (A329) which provides swift access to Junction 10 of the M4 Motorway.

    Terms

    The Freehold interest is available for sale.

    Specifications

    - Air conditioning and heating
    - Suspended ceilings
    - Kitchen
    - Male and Female WC’s
    - Roller shutter loading door
    - 4 car parking spaces

    Lease Summary

    The entire property is let to Bio-Technology Associates Limited on an FRI lease.

    - Term: 5 years, commencing on 1st February 2022 and ending on 31st January 2027
    - Rent: £30,060 per annum exclusive
    - Rent review: Upwards only to open market rent on 3rd anniversary
    - Outside of the Security of Tenure Provisions of the Landlord and Tenant Act 1954

    A copy of the lease is available on request.

    Viewing & Further Information

    Please contact the sole agent for further information or an appointment to view.

    Anti-Money Laundering Regulations

    To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

    Location

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    Location: Unit 6 Metro Centre, Toutley Road, Wokingham, RG41 1QW

    Winnersh (1.2 miles)

    Wokingham (1.2 miles)

    Winnersh Triangle (1.8 miles)

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